Australia Financial News

Former Fortescue Metals executive Russell Scrimshaw says his rare earths company will get into production several years sooner because of Wednesday’s decision to partner with China’s biggest rare earths importer.

Prime Big Deal Days will occur include Australia, Austria, Belgium, Brazil, Canada, China, France, Germany, Italy, Japan, Luxembourg, Netherlands, Poland, Portugal, Singapore, Spain, Sweden, the U.S., and the UK. “We’ll share more details soon as we get closer to the event. We can’t wait to give our Prime members access to exclusive early savings this season," says Amazon in its blog post.

By Stella Qiu

Beach Energy chief executive Morne Engelbrecht has made an immediate exit and will be replaced by senior Santos executive Brett Woods in a move that is being directly linked to the tightening hold of billionaire Kerry Stokes’ Seven Group Holdings on the board of the under-pressure oil and gas producer.

Iraq's official media regulator has directed all media and social media companies operating not to use the term “homosexuality". The Arab stated told to replace the word ‘homosexuality’ with ‘sexual deviance’, Reuters' report mentioned. The Iraqi Communications and Media Commission (CMC) said that the use of the term "gender" was also banned.

Also Read: Buy or sell: Vaishali Parekh recommends buying in 3 stocks today - 9 August Japan’s Nikkei 225 fell 0.24%, while the Topix declined 0.3%. South Korea’s Kospi rallied 0.88%, while the Kosdaq gained 1%. In Australia, S&P/ASX 200 was trading flat.

Australia will meet France in the quarter-finals of the Women’s World Cup after Les Bleues cruised past Morocco 4-0 at Hindmarsh Stadium in Adelaide.

Private equity group TPG has won out in its five-month pursuit of InvoCare, after the board of Australia’s biggest funerals and crematoria operator endorsed a trimmed back offer of $1.8 billion.

(Reuters) -Australia's InvoCare Ltd said on Wednesday it has agreed to a lower takeover offer from U.S. private-equity firm TPG Global, valuing the funeral service provider at A$1.8 billion ($1.18 billion) following exclusive due diligence.

Glencore chief executive Gary Nagle says the Albanese government’s new carbon policy is progressive by global standards and could do Australia more harm than good.

(Reuters) — Australia's prudential regulator said on Wednesday Bendigo and Adelaide Bank no longer needs to keep an additional amount of cash reserve after the mid-sized lender took steps to rectify issues related to liquidity requirements.

By Sameer Manekar

banking system after Moody’s cut the credit ratings for 10 smaller and midsized lenders. The S&P 500 fell 19.06, or 0.4%, at 4,499.38. The Dow Jones Industrial Average dropped 158.64, or 0.4%, at 35,314.49.

Colombia in the quarter-finals. The Lionesses managed to secure their spot in the quarter-finals after a tense penalty shootout against Nigeria in the last-16 match. Despite the late-game sending off of Lauren James, the team emerged victorious. However, this red card has left them potentially shorthanded for the remainder of the tournament. Still, the European champions have consistently demonstrated remarkable determination and resilience in this competition, positioning themselves as strong contenders for victory leading up to this match. Colombia, on the other hand, has emerged as the unexpected revelation of the World Cup, reaching this stage for the first time in their history. Boasting a well-balanced combination of young talents and seasoned players, the South American team had already triumphed over Germany and South Korea, securing their place in the quarter-finals with a close victory against Jamaica in the last-16 round.

Jamaica's Women's World Cup run might be over for now, but the team's fight for support back home continues.The Reggae Girlz were disbanded 15 years ago when the Jamaican federation cut funding for the team. Revived in 2014, they've scrapped for resources ever since. Jamaica's performance at the global tournament in Australia and New Zealand may be turning that around. The Reggae Girlz became the first Caribbean nation to reach the knockout round, advancing in just their second appearance. The campaign came to an end on Tuesday night when Jamaica fell to Colombia 1-0 in Melbourne. Catalina Usme's goal was the only one that the Reggae Girlz conceded over the course of the tournament. «We've put ourselves on the map and we've showed what we can actually do,» goalkeeper Becky Spencer said. “I think with more funding and more resources, it just shows you what kind of team that we've got and we can only get better. I'm hoping that the federation starts to take us seriously and just pays attention to what we're doing out here.”

Mining magnate Lang Hancock wrote to the family of his business partner Peter Wright prophetically stating he wanted a clean division of their partnership’s assets to avoid “grey areas for our respective heirs to argue about”.

An Australian technology investor has entered a partnership with a UK-based investment banking and advisory shop, in a bid to match local tech companies with overseas sources of capital.

As the tournament progresses, top teams like the USA, Canada, and Germany remain strong contenders, setting the stage for exciting quarter-final matches later this week.

By Gertrude Chavez-Dreyfuss and Samuel Indyk

Australia. Shockingly, within a week, three of them passed away, another fought for their life, and the fifth person is being investigated for a potential connection to the use of poisonous wild mushrooms in the meal. The woman, aged 48, who prepared the lunch, insists she has no knowledge of what happened and emphasizes her love for her family, denying any intention to harm them. This puzzling case has gained national attention, left the local police perplexed, and left the closely-knit community in shock.

China's imports and exports fell much more than expected in July in yet another sign of a sluggish post-COVID rebound for the world's largest oil importer. Brent crude futures were down $1.33, or about 1.6%, at $84.01 a barrel at 1047 GMT. U.S.